A merchant account is a special type of bank account that gives businesses access to funds received from credit and debit card payments. After the payment processor coordinates with card networks and issuers to clear card transactions, funds from card payments are deposited into this account before being transferred to your business bank account.
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Holly Carey, NerdWallet.com
Wed, 09/22/2021 - 12:15pm
Topics: personal finance
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- Merchant
A merchant is someone who works in or owns a retail business and sells goods. In Paris you can stroll from merchant to merchant, buying a loaf of bread in one shop and a wedge of cheese in another. The noun merchant has its Latin roots in the word merchari, meaning to trade.
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05/17/2024 - 7:18 am | View Link - merchant noun
(North American English) a person who sells goods to the public, especially through a store. The credit cards are accepted by 10 million merchants worldwide. (British English, informal, disapproving) a person who likes a particular activity. a speed merchant (= somebody who likes to drive fast)
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Merchant definition: a person who buys and sells commodities for profit; dealer; trader.. See examples of MERCHANT used in a sentence.
05/16/2024 - 2:36 pm | View Link - Merchant
A merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries. Historically, a merchant is anyone who is involved in business or trade. Merchants have operated for as long as industry, commerce, and trade have existed.
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